Nice

Out of the gate foreign is strong. The housing number doesn't seem to be having any negative effect on things and the Fed's rather hawkish speak yesterday is a yawn.

I am currently exploring how to play for a weakening dollar. I want to get into a fund that goes short the dollar and then into a couple of foreign currency funds. I think I will also be beefing up my foreign exposure next year. There are strong negative head winds for the US long term I fear. Things could be very shaky next year. Apparently with corporate profits at record highs this is enough to get people to plow more money into stocks. Yet, the economy is going to slow, the Fed has assured that will happen, so what impact is that going to have in future earnings? And how is corporate america going to compensate? More job cuts I guess??